Assistant Manager - Treasury / Corporate Affairs
Advans Pakistan Microfinance Bank Limited
Karachi , Pakistan
Posted Nov 18, 2016 18 views
The Assistant Manager Treasury & Corporate affairs is responsible for delivering the standard range of financial information (general ledger and sub-ledgers, trial balances, balances, balance sheet and income statement, cash flow statement), and annex information required for financial analysis purpose and regulatory reporting, and to ensure tax compliance under the relevant applicable laws.
- In charge of treasury monitoring
- (AM Accounts)Preparation of group cash flow tool on a bi-weekly basis
- Preparation of weekly treasury plan
- ALCO update and coordinator
- Deals with investments of the Bank
- Deals with the insurance company
- Filing of all the statutory & secretarial forms with SECP, SBP
- Preparation of Board meeting materials, minutes etc
- Liaison with lawyer on the secretarial matters of the Bank
Job Details
Advans Pakistan Microfinance Bank Limited
Advans Pakistan Microfinance Bank (Advans Pakistan MFB) is the sixth greenfield of the group. Advans Pakistan launched its activity on January 04, 2013 in Mehmoodabad, Karachi. Created in April 2012, Advans Pakistan MFB is 70% held by its founder shareholder Advans SA, and 30% by FMO, the Netherlands Development Finance Company. Total share capital amounts to PKR 800 million, about EUR 6.5 million at current exchange rate. Advans Pakistan MFB has also received support from the Financial Inclusion Programme, implemented by the State Bank of Pakistan with support of the UK Department for International Development. As a registered microfinance bank, Advans Pakistan MFB offers a complete range of financial services to micro, small and medium-sized enterprises (MSMEs): loans to MSMEs from PKR 10,000 (about EUR 80) to PKR 150,000 (about EUR 1,250) and current and savings accounts for both individuals and MSMEs. Additional services such as cheque clearing and SMS mobile banking notifications should be launched within the next few months.
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